8, THE AVENUE, ORPINGTON, BR6 9AS - £780,000

8 THE AVENUE is a midsized detached house of 125m², built sometime between 1983 and 1990. It was last sold for £780,000 in March 2018, which was around 10% below the average March 2018 detached price in the Bromley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

8 THE AVENUE Sold Prices

Land registry data shows two sales for 8 THE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromley local authority area for the corresponding sale date. Both of the two 8 THE AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 MAR	£780,000	£866,970	10% below HPI
2004 12 JUL	£409,000	£439,593	7% below HPI

8 THE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two 8 THE AVENUE sales from July 2004 and March 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 THE AVENUE?

8 THE AVENUE is 125m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% of detached houses in Orpington, based on EPC data. The below chart shows the distribution of detached houses by size in Orpington, and where 8 THE AVENUE lies on this distribution: 47% of detached houses are smaller than 8 THE AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Orpington.

8 THE AVENUE: Plot and Title Map

8 THE AVENUE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 8 THE AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 THE AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 THE AVENUE?

8 THE AVENUE is located in ORPINGTON, in the BR6 postcode district. The below map shows the position of No. 8 on THE AVENUE.